Matrixtime Robotics, an industrial artificial intelligence company, announced that a new round of multi-hundred million yuan A+ financing round had been completed in the first half of 2021. The A+ financing round was jointly led by listed company INOVANCE Technology and V Fund, followed by other listed companies and VCs such as SMIC Ventures, Quick Shareholdings, Huacheng Group and Honest Capital.
V Fund × Matrixtime Robotics
According to Li Xing, Founding Partner of V Fund, "Semiconductor and industrial vision inspection have been key focus areas for V Fund, with semiconductor inspection equipment being one of the representatives of high-end manufacturing levels. A group of AI companies represented by Matrixtime Robotics has already gained recognition from headline customers and will empower China's high-end manufacturing industry. V Fund is optimistic about Matrixtime 's technical capabilities in AI algorithm, optical design and precision control, as well as its ability to implement products in semiconductor, photovoltaic and AI industrial control fields. V Fund is highly appreciative of the management and technical team led by Mr. Zheng. V Fund is committed to providing assistance to China's manufacturing industry and hard technologies. V Fund believe that Matrixtime will become an important force in China's high-end semiconductor manufacturing and industrial testing & control fields."
Dr. Zheng Jun, founder and CEO of Matrixtime, said that this round of financing focuses on introducing industrial investors. The completion of the new financing will strengthen Matrixtime Robotics 's competitiveness in industrial AI, especially in the semiconductor and robotics fields, and strengthen Matrixtime Robotics 's industrial synergy and ecological construction in the high-end manufacturing field.
The financing funds will be mainly used to continue to build the company's product matrix and improve the core competitiveness of superior products. This will be followed by the introduction of more talented people for business expansion, strengthening the ability to deliver products on a large scale and improving the construction of the supply chain system, among other aspects.
Matrixtime Robotics
Matrixtime Robotics Technology(Shanghai) Co., Ltd. is an industrial AI company dedicated to the R&D of deep learning, complex machine vision and robotics AI technology products. The company is positioned to empower high-end manufacturing through cutting-edge AI technology, and its current products include: Matrixtime series semiconductor defect inspection products, robot vision AI control systems and heavy-duty machine intelligence systems, AI solutions for semiconductor photovoltaic and other industries.
With a highly educated and qualified R&D team, Matrixtime Robotics has accumulated cross-border technologies in deep learning, machine learning, 2D/3D machine vision, precision mechanical control, optical imaging and other directions, and has applied for 80 core invention patents. The company was recognized as a national high-tech enterprise at its inception, and has undertaken several national research projects. It has passed ISO9001/27001/20000 and other international standard system certifications, and won many honors such as "Top 50 Global Industrial Innovation Enterprise" and "China New Infrastructure Outstanding Innovation Enterprise". Based on its own cross-border capabilities in AI algorithms, vision optics and precision mechanisms, Matrixtime Robotics has been focusing on developing complex machine vision and robotics AI core technologies since its establishment in 2018. Currently, the company's product matrix mainly includes semiconductor AI inspection system products, robotics AI systems, and AI machine vision system platforms for high-end manufacturing industries. In terms of business development, Jusco achieved rapid business growth in the first half of 2021. Since its inception, the company has focused on the complex scenarios of semiconductor manufacturing, positioning itself to tackle the most difficult technical problems and continuing product iterations. After more than two years of deep ploughing and process integration, the company has successively launched innovative series of products. Benefiting from the overall development of China's semiconductor industry and the continued release of customer capacity, the company's semiconductor business achieves initial volume growth in 2021. In addition to semiconductors, other businesses also achieved rapid development in parallel. Also benefiting from the industry expansion cycle and the national carbon neutral strategy, as well as the automation and unmanned trend, the Company's innovative robotics business and new energy business have also made substantial customer and market progress, successively completing the delivery of large-scale benchmark customers and rapid growth in orders from large customers.
Matrixtime Robotics at SEMICON 2021
In terms of technology products, through deep integration with the needs of semiconductor manufacturing process, Matrixtime Robotics has developed and launched Matrixtime Robotics chip 2000, Matrixtime Robotics chip 3000 and Matrixtime Robotics chip 5000 series of semiconductor AI vision inspection system products, as well as AI deep learning solutions for the semiconductor manufacturing industry, covering areas from back-end traditional packaging, to advanced packaging defect detection, to front-end wafer-level defect detection and yield analysis management.
In the robotics direction, relying on its superior robot vision algorithms, machine learning and deep reinforcement learning technologies, Matrixtime Robotics is currently focusing on standard deliverable heavy machine intelligence and deep learning AI innovation scenarios for next generation industrial robots. Up to now, Matrixtime Robotics has submitted nearly 80 technology patents and was awarded "National High-Tech Enterprise" one year after its establishment, and was awarded "China Top 100 New Infrastructure Innovation Power Enterprise", "Global Smart Manufacturing Technology Innovative Enterprise", "2020 Most Valuable Investment Award", "Top 50 Emerging Companies with Technology Potential", "China Semiconductor IC List 2021 Emerging Companies", and has passed many international quality standards such as ISO9001/27001/20000.